Elf trend reversal

Elf recently broke out of the downwards trend. Retraced ~ 50%, still a young project which I personally firmly believe in long term. For traders this might be a great time to pick up some Elf as well.
+
- Recent KuCoin listing
- Broke downward trend
- Interesting technology
--
- Relatively low volume
- Market as a whole still unsure what to do
With the break of downward trend the next level to look at is ~ 16800, which had both big support and big resistance in the past. For traders it might be a good swing trade opportunity there, as it will probably cool off for a bit.
If Elf manages to break through the resistance, next levels are ath resistance.
TARGETS:
16800 (50% profit)
21000 (90% profit)
+
- Recent KuCoin listing
- Broke downward trend
- Interesting technology
--
- Relatively low volume
- Market as a whole still unsure what to do
With the break of downward trend the next level to look at is ~ 16800, which had both big support and big resistance in the past. For traders it might be a good swing trade opportunity there, as it will probably cool off for a bit.
If Elf manages to break through the resistance, next levels are ath resistance.
TARGETS:
16800 (50% profit)
21000 (90% profit)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.